How Is The Net Worth Of Mark Zuckerberg $134.8 Billion?

September 13, 2021

Have you ever wondered what the net worth of Mark Zuckerberg is? As of 2021, the net worth of Mark Zuckerberg is at $134.8 billion. This makes him the fifth richest man alive today! With Zuckerberg creating Facebook and also having a movie made out of his journey, the social media entrepreneur is one of the most influential figures on the Internet. In this post, we will cover how Mark Zuckerberg grew Facebook from a dorm room project into a social media giant.

Early Life

Mark Zuckerberg was born on May 14th, 1984, in White Plains, New York to Karen, a psychiatrist, and Edward Zuckerberg, a dentist. Zuckerberg showed promise from a young age. By the time he was in middle school, he was designing software and computer games for his friends. He scored a perfect score on the SAT and was accepted into Harvard for psychology and computer science.

Creating Facebook

Mark Zuckerberg created Facebook out of his dorm in Harvard on February 4th, 2004. The social media website took off early at Harvard and then quickly spread. Zuckerberg and the rest of Facebook’s team eventually relocated to Silicon Valley in California, where Facebook continued to be expanded and developed.

Zuckerberg clearly had a mission for this project, denying many business offers from corporations seeking to buy Facebook early on. His goal was to have everybody connected, and he felt that his dream wouldn’t be realized if the company was sold. Zuckerberg eventually became a household name due to his success.

Zuckerberg and Facebook were so influential, that Vanity Faire even ranked him #1 on their Top 100 Most Influential People of the Information Age.

Zuckerberg’s work that he put into Facebook paid off when Facebook hit its 500 million user mark in 2010. Because of this huge growth, Facebook began to earn income through advertising. As of 2020, advertising was over 98% of Facebook’s revenue.

When Facebook’s stock first entered the market, Zuckerberg held 28% of the companies stocks. Today, that is only 14%. Despite also earning only a dollar a year salary, Zuckerberg still manages to pride himself in having a net worth of almost $135 billion because of Facebook’s stock price.

Building Connections

Did you know that Mark Zuckerberg was advised by Steve Jobs? After the CEO of Apple died in 2011, Zuckerberg revealed in a PBS interview that Jobs assisted him in building Facebook’s management team.

Mark Zuckerberg is no stranger to building connections on the political side either. Zuckerberg visited Russia in 2012 where he met with the country’s former Prime Minister, Dmitry Medvedev. Zuckerberg made this move to build a network and connections for Facebook in Russia. After meeting with Medvedev, Zuckerberg opened a research center in Moscow and continued to boost Facebook’s market share in Russia.

Internet.org

Zuckerberg started another ambitious project in 2013 known as Internet.org. His vision for this project is to connect everybody in the world to the Internet, especially in developing countries.

Zuckerberg expresses this vision, stating, “The world economy is going through a massive transition right now. The knowledge economy is the future. By bringing everyone online, we’ll not only improve billions of lives, but we’ll also improve our own as we benefit from the ideas and productivity they contribute to the world. Giving everyone the opportunity to connect is the foundation for enabling the knowledge economy.”

Appearances In Media

The Social Network
Source: NY Times

In 2010, Mark Zuckerberg was featured as the main character of the movie The Social Network as played by Jesse Eisenberg. This movie gave Zuckerberg a lot of exposure, and also was well-received by critics. The movie received criticism for painting a false impression of Mark Zuckerberg, however, it does a great job at portraying the challenges one may face when pursuing their dream.

Other appearances in media include:

  • The Simpsons
  • Saturday Night Live
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Mark Zuckerberg And Philanthropy

Zuckerberg has a long history with philanthropy. Zuckerberg along with his wife, Priscilla Chen, have been known to donate large portions of their wealth to charities and other humanitarian causes. In December 2012 the couple announced that they would be signatories for “The Giving Pledge” in which multiple wealthy individuals have pledged to donate the majority of their wealth towards philanthropic causes.

Causes and organizations that the Zuckerbergs have donated to include:

  • Diaspora, an open-source personal Web server
  • Start Up: Education
  • Silicon Valley Community Foundation
  • Donations to help combat the Ebola-Virus
  • Chan Zuckerberg BioHub, a collaborative research center
  • Donations to help combat the COVID-19 pandemic

Mark Zuckerberg Net Worth 2021

As of 2021, Mark Zuckerberg has a net worth of $134.8 billion making him the fifth richest man in the world. By following through with his dream and vision, he was able to create the most successful social media website to date with over 2.85 billion monthly users for Facebook. There are over 3.51 billion users for other apps that are a part of the Facebook family as well, such as Instagram, Whatsapp, and Facebook Messenger.

Key Takeaways

  • Follow Your Dreams: Zuckerberg was able to create the largest social media site from a project that started in his dorm bedroom. Just because you have limited resources available, does not mean that you have an excuse to not be making strides.
  • Make Connections: Zuckerberg also used his popularity to his advantage by making connections with people in separate fields. These include politicians, entertainment icons, and so on. No matter where you are, never stop thinking of how to take advantage of present opportunities.

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